[Form 4] FormFactor Inc. Insider Trading Activity
Insider Trade Summary
Net Buyer: 28,608 shares
Net Buy
7 txns
Insider
SLESSOR MIKE
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-based Restricted Stock Units | 49,935 | $0.00 | $0.00 |
| Exercise | Performance-based Restricted Stock Units | 49,935 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 14,426 | $0.00 | $0.00 |
| Exercise | Common Stock | 49,935 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 27,739 | $28.93 | $802K |
| Exercise | Common Stock | 14,426 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,014 | $28.93 | $232K |
Holdings After Transaction:
Performance-based Restricted Stock Units — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 535,503 shares (Direct)
Footnotes (5)
- F1. These performance-based restricted stock units were previously granted and became vested based on the achievement of certain performance criteria in the period 7/1/2022 - 6/30/2025. The Compensation Committee has determined that such performance criteria have been met.
- F2. Represents the number of shares withheld upon vesting and settlement of the PRSUs to cover tax withholding obligations.
- F3. The Restricted Stock Units represent the third and final annual installment vest of a three year grant, grant date 8/01/2022.
- F4. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
- F5. If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.
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